China

LNG

CNOOC tenders for LNG up to 2022

China National Offshore Oil Corp. is seeking LNG cargoes for delivery up to 2022 and has offered four delivery windows

10 April 2018
Exploration & Production

Zhongman signs deal to drill for gas in Pakistan

Zhongman Petroleum & Natural Gas Group has signed a $23 million deal with Pakistan Petroleum for a gas drilling project in Pakistan

10 April 2018
Exploration & Production

Nearly 100 bcm of shale and CBM discovered at Huainan coalfield

Approximately 97.9 billion cubic metres of CBM and shale gas resources have been discovered at the Huainan coalfield in China’s Anhui province

10 April 2018
LNG

Rising oil prices lift Asian spot LNG

Asian spot LNG prices declined overall last week but started gaining on 4 April in line with rising oil prices.

10 April 2018
Supply & Demand

Chinese gas consumption hits almost 46 bcm in Jan-Feb

China consumed 45.8 billion cubic metres of gas in January and February 2018, up by 17.6% compared with the same period last year

9 April 2018
Pipelines, Storage & Power

CNPC starts underground gas storage injections

China National Petroleum Corp. has started injecting gas into its 23 underground gas storage depots

9 April 2018
Shale gas drilling in China. Policy & Regulation

Fuling fortifies Sinopec’s Chongqing market share

Chongqing sourced more of its gas from the local Fuling shale field last year, increasing Sinopec’s share of the municipal gas market.

9 April 2018
Supply & Demand

Tianjin reclaims top spot for trucked LNG sales

Tianjin sold the most trucked LNG of all China’s terminals last month for the first time since January.

5 April 2018
Pipelines, Storage & Power

CNPC begins work on boosting Guangzhou-Nanning pipeline capacity

CNPC has started construction on a compression station in Wuzhou along the Guangzhou-Nanning spur of the second West-East Pipeline

4 April 2018
LNG

CNOOC starts up LNG container service at Hainan terminal

CNOOC has started up an LNG container business at its terminal on China’s island province of Hainan

4 April 2018
Sinopec’s LNG terminal in Beihai, Guangxi. (Sinopec) Companies & Finance

Gas import costs hit PetroChina and Sinopec earnings

Higher oil prices last year increased the cost of China’s oil-linked gas imports, which weighed on PetroChina’s and Sinopec’s results.

4 April 2018
LNG

Chinese ex-plant LNG prices at lowest since Aug 2017

The average ex-plant price of LNG in China continued to decline in March, falling by 21.3% from February, to RMB 3,499/t – the lowest level since August 2017

4 April 2018
Exploration & Production

Southwest Oil & Gasfield shale output to hit 4.1 bcm in 2018

PetroChina’s Southwest Oil & Gasfield subsidiary expects to produce 4.1 billion cubic metres of shale gas in 2018

3 April 2018
LNG

Construction begins on LNG storage site in Jiangsu

A local gas distribution company in Yangzhou, Jiangsu province has broken ground on construction of an LNG storage facility

3 April 2018
Supply & Demand

Qinghai Oilfield supplies nearly 97 MMcm to Tibet

PetroChina’s Qinghai Oilfield unit has supplied 96.8 MMcm of gas to Tibet

3 April 2018
Pipelines, Storage & Power

Turkmen subsidiary of CNPC supplies almost 6 bcm during winter

China National Petroleum Corp.’s Amu Darya River Gas Co. subsidiary in Turkmenistan has supplied 5.9 billion cubic metres of gas to China since 15 November

3 April 2018
Supply & Demand

Sinopec to boost gas supply to 60 bcm/y

Sinopec aims to raise its supply of domestic and imported gas to 60 billion cubic metres per year by 2023

3 April 2018
Exploration & Production

China cuts shale gas production tax

China has cut the resources tax on shale gas production to 4.2% from the previous 6.0% starting from 1 April

3 April 2018
An LNG refuelling station in China. Gas for Transport

Higher LNG prices to slow China’s LNG truck output

Higher prices for LNG in China this year have trimmed the fuel’s discount to diesel, which could slow production of large LNG trucks.

3 April 2018
LNG

Asian spot LNG prices drop by 22% in March

The decline in Asian spot LNG prices last month was the steepest drop for a single month since February 2016.

3 April 2018

Viewing 41-60 of 3,770 articles